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Why cannabis banking reform alone won’t solve payment processing woes
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Massachusetts Vaporizer Company Raises $1.6 Million
An upstart Massachusetts company focused on the cannabis market announced it has raised $1.6 million from angel investors to develop its flagship vaporizer. CannaKorp says its vaporizer will deliver medical cannabis in…
News April 13
Pennsylvania to legalize medical marijuana
Lawmakers in Pennsylvania have passed a bill to allow the cultivation, sale and use of medical marijuana, making it the 24th state in the nation to legalize MMJ.
News April 13Vermont Marijuana Legalization Ads Too Little, Too Late?
Ads touting the legalization of recreational marijuana in Vermont have hit the airwaves. But they may be for naught after a key state House panel delivered a potentially crippling blow…
News April 13Kodiak Capital Inks $1M Stock Deal With MJ Firm
Kodiak Capital Group, a California private equity firm, has agreed to purchase $1 million of common stock in FutureLand Corp., a Colorado company that leases land and equipment to growers…
News April 13
Cannabis-Themed Ads By General Mills Ahead of 4/20 Generate Optimism, Frustration
By John Schroyer When the $18 billion global food giant General Mills started targeting Denver cannabis consumers with ads for a line of frozen snacks recently, local marijuana professionals took notice. One executive…
News April 13Report: Oregon Rec Sales Could Hit $300M
Oregon’s fledgling recreational cannabis industry could generate nearly $300 million in sales this year and $46 million in wages, a new study predicts. The report, compiled by a Portland economist and…
News April 12Proposal to Limit Cannabis Businesses in Denver Fails
The Denver City Council effectively rejected a proposal early Tuesday morning to cap the number of marijuana retail and cultivation site locations in the city, which would have limited the industry’s growth.…
News April 12Canadian Insurance Firm Covering Patient’s Cannabis
A Canadian health insurance firm has agreed to cover medical cannabis for a university student who uses the drug to help with severe headaches. The development is a small step for…
News April 12
Vancouver’s medical marijuana industry in flux as city rolls out regulations
By Omar Sacirbey Cannabis entrepreneurs in Vancouver, British Columbia, are about to find out whether local law enforcement will shutter scores of unlicensed medical marijuana dispensaries in the western seaport city.
News April 11
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